Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 42.45%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bridgeport Stamford Norwalk, Connecticut MSA appreciation it was + 42.45% (+ 10.61% yearly) from 2000 to 2003.
During the same time period, CT had + 39.76% (+ 9.94% yearly).
You can see that the Bridgeport Stamford Norwalk, Connecticut MSA experienced higher appreciation in this case.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 134.07 | + 2.85% | + 11.42% |
| 2000 | 3 | 138.03 | + 2.95% | + 11.81% |
| 2000 | 4 | 139.64 | + 1.17% | + 4.67% |
| 2001 | 1 | 143.97 | + 3.10% | + 12.40% |
| 2001 | 2 | 147.35 | + 2.35% | + 9.39% |
| 2001 | 3 | 151.11 | + 2.55% | + 10.21% |
| 2001 | 4 | 153.83 | + 1.80% | + 7.20% |
| 2002 | 1 | 157.52 | + 2.40% | + 9.60% |
| 2002 | 2 | 162.39 | + 3.09% | + 12.37% |
| 2002 | 3 | 166.77 | + 2.70% | + 10.79% |
| 2002 | 4 | 170.34 | + 2.14% | + 8.56% |
| 2003 | 1 | 172.36 | + 1.19% | + 4.74% |
| 2003 | 2 | 174.88 | + 1.46% | + 5.85% |
| 2003 | 3 | 178.72 | + 2.20% | + 8.78% |
| 2003 | 4 | 185.69 | + 3.90% | + 15.60% |
There are a lot of ways to use the appreciation data for Bridgeport Stamford Norwalk, Connecticut .
Lets look at Monroe, Connecticut, a city located in Bridgeport Stamford Norwalk, Connecticut MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Monroe, Connecticut check out Spec-Loan.com
If you were going to do a Monroe, Connecticut Refinance, or Monroe, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Monroe, Connecticut home was worth $103,000.00 in 2000, you could multiply by + 42.45%, add the gain and see the home should be worth $146,728.58 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 2000 to 2003:
+ 10.61%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
Zip Code in MSA: 6468 - MONROE, CT
MSA Pop: 899152Zip Pop: 19247
Avg Value: 253500
County: FAIRFIELD
Elev: 9
Region: Northeast
Lat: 41.3409
Long: -73.23444